| Market Commentary Provided by The Gilkison Group There are 125 active homes on the market in Prairie Village right now (up to 4.9M), 119 are active under 800k. Average price $336,138 with an average DOM of 78 (with the 800k+) included. There are 7 homes on the market that are listed above 8 over 1 million. This skews the average listing price. If I remove the two million plus homes... we get an average listing $253,187 and the days on market goes down to 74.62. Homes are pending to be sold with a high listing price of 800k and months with 65 of them being sold in the last three months. This means the market was consistant over the slow period of the 45 contract were written in the last 30 days. With 125 homes being active and 45 contracts written (gone pending/ contingent or sold) we have a 2.77 month supplu of homes on the market! I believe zpv to be one of the BEST local in Johnston County! Total sold: 144 High list: $789,000 High sale: $780,000 High DOM: 382 %SP/LP: 96 Low list: $94,900 Low DOM:10 %SP/OLP: 93 average List: $229,341 Average sale: $220,460 average DOM: 63 |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL
The Gilkison Group
Keller Williams Legacy Partners, Inc Shawnee, Kansas 913-568-3844 Stephanie@StephanieKulp.com Agent Home Page |
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| Nearest Metro Area | |||||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||||
| Average Time on Market | 60-90 days | ||||
| Market Trend | Decreasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $250,000 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | Up 5-10% | ||||
| Prices As % of Asking Price | 95-100% | ||||
| Multiple Offers? | No | ||||
| Greatest Activity | First Time Buyers | ||||
| Buyer Activity for the past 90 days in Prairie Village is | |||||
| Seller Activity for the past 90 days in Prairie Village is | |||||
| Is Financing Available For Qualified Buyers in Prairie Village? | |||||
| Existing Home Prices for the past 90 days are | |||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||||
| Housing Hot Spots | |||||
| Reason to Buy/Sell | Job Growth | ||||
| Average Sold Price | $250,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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